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Berkeley 60163
1432 N Taft Avenue
$204,900
● House - Off Market

1432 N Taft Avenue

Berkeley, IL 60163
bedrooms
4 Beds
bathrooms
2 Baths
$1,415
Est. Monthly
26.21%
Cap Rate

About This Property

Attention rehabbers and investors! Best deal in Berkeley! All brick 4 bedroom, 2 bath Cape Cod with basement and 2.5 car detached garage.  Hardwood floors under carpeting. Home has good bones and has lots of potential. Furnace & central air conditioning (2016). Close to everything! Short distance to Metra train, public transportation, shopping and schools. Easy access to expressway. Home being sold as-is.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$433
HOA Dues
-
Year Built
1942

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 28
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,100
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 540
  • Total Building Area: 893
  • Gross Building Area: 893
  • Building Area: 893
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 893
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIRST ADD TO CRESCENT
  • Land Acres: 0000000186
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (FIRST) ADD TO (CRESCENT) PARK SUB OF FRACL WH SEC 07-39-12

Neighborhood

  • School District Name: Proviso Township High School District 209
  • Census Tract: 816800

Geography

  • District: 31
  • Parcel: 15-07-110-010-0000
  • Lot: 10
  • Meridian: SEC 07 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8884
  • Longitude: -87.9136

    Address

  • Full Address: 1432 N Taft Ave
  • Address - House Number: 1432
  • Street Direction: N
  • Address - Street Name: Taft
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Berkeley
  • Carrier Code: C044
  • 4-Digit Zip Code: 1456
  • Zip Code: 60163

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $446,873
  • Tax Rate Code Area: 31145

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 254,808
  • High Value: 312,991
  • Low Value: 196,625

    Market Valuation

  • Market Total Value: $200,000
  • Market Land Value: $44,550
  • Market Improvement Value: $155,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $4,455
  • Assessed Improvements Value: $15,545

    Sales

  • Current Sale Contract Date: Apr 05, 1995
  • Current Sale Recording Date: Apr 10, 1995
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 95237714
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Berkeley

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$251

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1214 ft²

Average Home Age

71.6 years

Currently For Sale

8 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Ginny Leamy, Compass
Data Source: MRED, MLS# MRD12391017
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1432 North Taft Avenue built and last sold?
The property at 1432 North Taft Avenue was built in 1942 and last sold on Apr 5, 1995 for $125,000.
How much is this home worth?
The estimated value of the home located at 1432 North Taft Avenue is $0.
What are some comparable homes to 1432 North Taft Avenue?
There are currently no comparable homes to 1432 North Taft Avenue.
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